Economics Essay

439 WordsApr 2, 20142 Pages
Quantitative Literacy Assignment – S & D NAME: Nathalia Lupercio BANNER ID: @01426035 Consider the table below for the supply and demand for oil in the United States. Supply and Demand for Oil – U.S. Y X Price QD/QS $ Per Millions of Bls Per Day Barrel D _ S_ 95 25 15 96 24 16 97 23 17 98 22 18 99 21 19 100 20 20 101 19 21 102 18 22 103 17 23 104 16 24 105 15 25 1. On the grid below, create an X Y graph using the table above, and plot D and S. (Use EXCEL to plot the graph on a separate sheet if possible, but not required. Use titles on the graph, axes, and curves.). | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |

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